Anaergia (TSX:ANRG) Cash And Cash Equivalents : C$28.2 Mil (As of Sep. 2023)

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What is Anaergia Cash And Cash Equivalents?

Anaergia's quarterly cash and cash equivalents declined from Mar. 2023 (C$65.45 Mil) to Jun. 2023 (C$37.36 Mil) but then stayed the same from Jun. 2023 (C$37.36 Mil) to Sep. 2023 (C$28.24 Mil).

Anaergia's annual cash and cash equivalents increased from Dec. 2020 (C$41.16 Mil) to Dec. 2021 (C$79.32 Mil) but then declined from Dec. 2021 (C$79.32 Mil) to Dec. 2022 (C$55.38 Mil).

Anaergia Cash And Cash Equivalents Historical Data

The historical data trend for Anaergia's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Anaergia Cash And Cash Equivalents Chart

Anaergia Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

8.46

41.16

79.32

55.38

Anaergia Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial												110.14	55.38	65.45	37.36	28.24

Anaergia Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Anaergia (TSX:ANRG) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Anaergia Cash And Cash Equivalents Related Terms

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Anaergia (TSX:ANRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anaergia Inc (TSX:ANRG) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

ANRGF:USA

Address

4210 South Service Road, Burlington, ON, CAN, L7L 4X5

Website

https://www.anaergia.com

Anaergia Inc is engaged in the generation of renewable energy from biogas through advanced anaerobic digestion of organic residues from municipal, agricultural, and industrial sources. Its operating segments are Capital Sales; Services; Build, Own, and Operate Projects. It derives key revenue from the Capital Sales segment which consists of the sales of proprietary technology solutions and services to third-party customers, predominantly municipalities, private entities, and project developers. The group derives revenue from the U.S., Canada, Italy and other countries.

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